1-bedroom flat · NR19 1DN
Listing removedReduced £20k (−22.2%) on 21 JunListed 208 days
Opportunity summary
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About
Set within The Old Manor House on Church Street, this first-floor apartment offers well-proportioned accommodation with a practical and easy-to-maintain layout, making it well-suited to first-time buyers, investors, or those seeking a conveniently located home.
The property combines character from the building itself with a straightforward internal arrangement that supports modern-day living, with open-plan space for everyday use and a clearly defined bedroom area.
With a secure entrance system and allocated parking to the rear, it provides both convenience and peace of mind, while its central position places local amenities, shops, and transport links within easy reach.
Location Situated along Church Street in the well-served market town of Dereham, this location offers a convenient and established setting with a wide range of amenities close at hand.
The town centre is within easy reach, providing supermarkets, independent shops, cafés, and healthcare services, along with regular public transport links connecting to Norwich and surrounding villages.
Dereham also benefits from schooling for all ages and a selection of leisure facilities, including parks and a golf course.
The surrounding Norfolk countryside is easily accessible, offering open green spaces and scenic routes for walking and cycling, making this a practical yet appealing location for a variety of lifestyles.
The area also enjoys a strong sense of history and character, reflected in its architecture and long-standing community presence.
Church Street Accessed via a secure entry system, the apartment opens into an entrance hall fitted with an intercom, providing a practical arrival point with access through to the main living space.
The kitchen and living area is arranged in an open plan layout, creating a functional and sociable space for everyday use.
Dual aspect windows to the front and rear allow for a good level of natural light throughout the day.
The kitchen is fitted with a range of wall and base units with worktops over, incorporating a sink and drainer, fitted oven and hob, and space for additional appliances including a fridge freezer and washing machine.
There is sufficient room within the space for both seating and dining, making it adaptable to a range of lifestyles.
Positioned separately, the bedroom is a generous double with dual aspect windows, offering a bright and comfortable setting with space for additional furniture as required.
A door leads through to the ensuite bathroom, which is fitted with a bath and shower over, WC, and wash basin, along with a heated towel rail and practical finishes.
Additional storage is available within the apartment, supporting day to day organisation. Externally, the property benefits from one allocated parking space located to the rear of the building.
Positioned within close reach of local amenities and transport links, this apartment offers a convenient and accessible setting suited to a range of buyers.
Agents Notes We understand this property will be sold leasehold, with 88 years remaining on the lease. Maintenance charge - £1732.07 p/a.
Grount rent - £271.25 p/a Connected to mains water and electricity.
Council tax band - A EPC Rating: E Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 4, The Old Manor House, Dereham
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